ManpowerGroup reported net earnings of $53.5 million, or $1.13 per diluted share, for the quarter ended June 30, 2026, versus a net loss in the prior-year period. Revenues from services were $4.86 billion, an 8% increase reported (6% constant currency). Adjusted diluted EPS excluding certain items was $0.99 for the quarter.
Financial Highlights
- Revenues from services: $4,860.2 million for the three months ended June 30, 2026 (up 7.5% reported; 5.8% constant currency versus prior year period shown in table).
- Gross profit: $780.3 million for the quarter.
- Selling and administrative expenses (excluding impairment): $668.3 million for the quarter (down 4.6% reported; down 6.0% constant currency versus prior year).
- Operating profit: $112.0 million for the quarter (versus an operating loss of $25.3 million in prior-year quarter).
- Net earnings: $53.5 million; net earnings per diluted share: $1.13. Adjusted diluted EPS (excluding sale of Jefferson Wells U.S., strategic transformation costs, restructuring, and discontinued business liquidation charge) was $0.99 for the quarter.
Business Highlights
- Geographic demand: Strong revenue growth in the United States, Latin America, APME and select European countries including Italy, Spain, Poland and Norway.
- Brand performance: Very strong growth in the Manpower brand with improving trends across Experis and Talent Solutions; Experis improvement driven by the United States and Talent Solutions sequential improvement led by RPO and continued MSP growth.
- Strategic actions: Advanced global strategic transformation program and expanded AI capabilities through strategic partnerships to improve productivity and enable higher-value solutions.
- Portfolio activity: Sale of Jefferson Wells U.S. business for $100 million, generating net cash proceeds of $88 million in the quarter.
- Operational cost focus: Gross profit growth combined with reductions in SG&A drove meaningful year-over-year profitability improvement.
Original SEC Filing:
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